The Financial Express

Proposed budget a big beautiful balloon: Moudud

| Updated: October 24, 2017 07:29:55

proposed budget a big beautiful balloon moudud

BNP leader Moudud Ahmed described on Saturday the proposed budget for the fiscal year (FY) 2017-18 as a ‘big beautiful balloon.’


He alleged that it will only impose a huge tax load on middle-class and lower-income people.

“It’s a big beautiful balloon which apparently looks attractive. But, there’s nothing for common people, lower-income and middle-class people in it (budget), except a massive load of tax,” he said, reports UNB.

Moudud, a BNP standing committee member, came up with the remarks while speaking at a discussion arranged by Bangladesh Youth Forum at the Jatiya Press Club.

Mentioning that the current government is unelected and unaccountable, he said it is a big question whether an unelected regime has any moral right to place the national budget.

The BNP leader said the budget is not pro-people one as non-development expenditure is nearly one and a half times higher than the development expenditure.

“The main weakness of the budget is that it lacks a specific guideline for curbing corruption,” Moudud observed.

He alleged that big allocations were made for big projects in the budget creating a scope for indulging in massive corruption. “Big projects mean big amount of bribe and corruption.”

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